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How do you remove a cosigner from a credit card? |
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The way that can be accomplished is determined by the terms of the lending agreement. Very few, if any lending institutions would allow an account to be amended. The usual procedure is for the account to be closed leaving the original cosigner still responsible to the debt incurred up to the time of closure. The primary holder can then open another account on there own or with another cosigner.
First answer by Cya. Last edit by Cya. Contributor trust: 480 [recommend contributor]. Question popularity: 22 [recommend question]
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